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FAST COMPANY has named CVS No. 7 on its 2018 World's 50 Most Innovative Companies List. / BLOOMBERG FILE PHOTO/CHRISTOPHER LEE

Fast Company names CVS among Top 50 Most Innovative Companies

WOONSOCKET — Fast Company has named CVS Health Corp. No. 7 on its 2018 World's 50 Most Innovative Companies List, and also placed the Rhode...
CALIFORNIA HEALTH INSURANCE Commissioner Dave Jones has announced an investigation into Aetna’s medical claim review practices following a CNN report of a deposition by Dr. Jay Ken Iinuma, former medical director for Aetna for Southern California, in which Iinuma says he never reviewed medical records while deciding to approve or deny medical claims. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

California health insurance commissioner to investigate Aetna’s medical claim review practices

WOONSOCKET – As CVS Health and Aetna continue planning for a proposed $69 billion merger, California Health Insurance Commissioner Dave Jones has announced an...
CVS HEALTH HAS announced it will share $425 million in tax savings with its employees through wage increases, health and family leave benefits. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

CVS Health: Federal tax overhaul prompts wage, benefit increases for employees

WOONSOCKET – CVS Health has announced three employee wage and benefit improvement programs totaling $425 million annually to share with employees tax savings created...
THE PROPOSED MERGER between CVS Health and Aetna overvalues Aetna stock by about $9 billion, according to the market. / BLOOMBERG FILE PHOTO/CHRISTOPHER LEE

CVS-Aetna merger values Aetna $9B above market

WOOSNSOCKET – With separate CVS Health and Aetna shareholders’ votes scheduled for March 13 in New York City, the companies’ proposed merger offer of...
HELENA B. FOULKES, executive vice president of CVS Health Corp., is taking the top spot at Saks Fifth Avenue later this month. /PBN FILE PHOTO/RUPERT WHITELEY

Saks owner Hudson’s Bay appoints CVS veteran Foulkes as CEO

MONTREAL – Hudson’s Bay Co., the owner of Saks Fifth Avenue, named CVS Health Corp. executive Helena B. Foulkes its first female CEO as...
THE DEPARTMENT OF JUSTICE is asking for more information in its review of the CVS Health-Aetna merger proposal, extending the waiting period on the application 30 days. / BLOOMBERG FILE PHOTO /MICHAEL NAGLE

DOJ seeks new info on CVS Health-Aetna merger, extends waiting period...

WOONSOCKET — The U.S. Department of Justice extended the Hart-Scott-Rodino Antitrust Improvements Act waiting period for CVS Health Corp. and Aetna Inc.’s merger review...

Health stocks, including CVS, slump as Amazon-led group unveils efficiency plans

WILMINGTON, Del. – Health care stocks plunged after three companies led by Internet giant Amazon.com Inc. said they plan to collaborate on developing ways...
ACCORDING TO A PRELIMINARY prospectus, the value of the CVS Health purchase of Aetna is $69.7 billion. But the market value of Aetna as of the close of the markets Friday was $6.7 billion short of that figure. / BLOOMBERG FILE PHOTO/CHRISTOPHER LEE

Market skeptical of CVS-Aetna merger valuation

WOONSOCKET – CVS Health Corp.’s preliminary prospectus for shareholders filed with the Securities and Exchange Commission Friday afternoon values its merger with Aetna Inc....
CVS HEALTH CORP. expects the new 2018 tax rules to increase its cash flow by $1.2 billion. / BLOOMBERG FILE PHOTO/CHRISTOPHER LEE

CVS says new tax law expected to increase cash flow by...

WOONSOCKET - CVS Health Corp. issued its initial outlook for 2018 Thursday, saying it expects the new tax bill to increase its cash flow...
BOLD MOVE: Lisa Bisaccia, executive vice president and chief human resources officer for CVS Health, was part of the leadership team behind the company’s unprecedented decision to stop selling tobacco products in its stores. / PBN PHOTO/
RUPERT WHITELEY

‘Apprenticeships [are a] powerful tool for job growth’

Lisa Bisaccia, executive vice president and chief human resources officer for CVS Health, is responsible for the management of all human resources functions for...
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